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Search Results 0 to 28 of about 29 (some duplicates have been removed)
NBC
Oct 3, 2012 6:00pm PDT
that we're saving as we wind down two wars to rebuild america. and that we reduce our deficit in a balanced way that allows us to make these critical investments. now, it ultimately is going to be up to the voters, to you, which path we should take. are we going to double down on the top-down economic policies that helped to get us into this mess, or do we embrace a new economic patriotism that says america does best when the middle class does best in and i'm looking forward to having that debate. >> governor romney, two minutes. >> thank you, jim. it's an honor to be here with you. and i appreciate the chance to be with the president. i'm pleased to be at the university of denver. appreciate their welcome. and also the presidential commission on these debates. and congratulations to you, mr. president, on your anniversary. i'm sure this was the most romantic place you could imagine, here with me. so congratulations. this is obviously a very tender topic. i've had the occasion over the last couple of years of meeting people across the country. i was in dayton, ohio, and a woman gra
NBC
Oct 4, 2012 4:00am PDT
differences clear on lowering the debt. >> you said you'd cut the deficit in half. it's four years later, we still have trillion-dollar deficit. >> the way we do is for additional cut, we ask for a dollar of additional revenue, paid for, as i indicated earlier, by asking those of us who have done very well in this country to contribute a little bit more to reduce the deficit. >> reporter: the president insisted romney would spend $5 trillion on tax breaks favoring the wealthy. >> math, common sense and our history shows us that's not a recipe for job growth. >> everything he just said about my tax plan is inaccurate. >> reporter: they clashed on wall street, whether banks should be too big to fail, and medicare. >> cutting $716 billion from medicare to be able to balance the additional cost of obama care is, in my opinion, a mistake. >> if you repeal obama care, and i have become fond of this term, obama care, if you repeal it, what happens is those seniors right away are going to be paying $600 more in prescription care. >> reporter: the fiercest exchange over health care and jobs
NBC
Oct 6, 2012 11:00pm PDT
deficit in half. and romney went on to say, unfortunately, he doubled it. first things first. the president did pledge shortly after he took office that he would cut the deficit in half by the end of his first term. did he? he did not cut it in half but he did not double i either. if you used the congressional budget office's projections for the deficit at the time the president took office, the deficit has dropped slightly. about 8%. if you use the fiscal year 2009, after months after he took office, it down by 25%. so there. >>> so there are countless reasons to spend time in san francisco this weekend and one of them is america's cup. nbc bay area's lawrence scott has a look. >> thank you so much. it was a tremendous day of racing. full of spills and chills and an action packed day. there is one champion crowned and another right on the doorstep. it was an absolutely wild day of racing on the america's cup series. oracle day spithill first punching its way to the finals. and then they find themselves upside down and out of action. but spithill and crew would right the ship and
NBC
Oct 5, 2012 4:00am PDT
president had this to say about his opponent's plan for reducing the deficit. >> i just want to make sure i got this straight. he'll get rid of regulations on wall street but he's going to crack down on sesame street. thank goodness somebody's finally cracking down on big bird. who knew that he was responsible for all these deficits. elmo's got to watch out. >> and vice president joe biden was campaigning in iowa saying that mitt romney flip-flopped on his own tax cut plan that was the centerpiece of the gop campaign and biden challenged the republicans on the tax issue. >> you know the phrase he always uses, obama and biden want to raise taxes by a trillion dollars. guess what, yes, we do, in one regard, we want to let that trillion dollar tax cut expire so the middle class doesn't have to bear the burden of all that money going to the super wealthy. that's not a tax raise, that's called fairness where i come from. >> all right. so how will today's monthly jobs report impact the candidates? economists predict the unemployment rate could tick up from 8.1 to 8.2% which could be bad ne
NBC
Oct 1, 2012 3:00am PDT
enumerate any of the deductions that he would eliminate to make the math work on his deficit plan and his tax plan. are we going to get those details in the course of the debate? >> well, you know, david, i wish you guys were just as tough on the president. the president says he's going to create a million new manufacturing jobs. he doesn't say how. he says he's going to reduce the long-term debt and deficit by $4 trillion. doesn't say how he's going to do it. let's be fair here. governor romney has laid out a direction and a vision for the direction of this country. he's not an accountant. he is not going to go line-by-line through the budget. but let's hold the president to the same standard and criticize him as well, because how does he create a million new manufacturing jobs, david? he hasn't told anybody the specifics of that. how will he reduce $4 trillion in debt? we're still waiting to hear what he thinks about simpson-bowles, which he commissioned. he's been the president and hasn't given us specifics. so let's be fair here. >> so that's really the approach then? you're a former
NBC
Sep 30, 2012 5:30am PDT
economic problem. you can't fix a problem of deep recession and deficits by more austerity when the economy is this weak. i think europe has a big problem. but for u.s. toward we should take it with a grain of salt. europe is slow, but we don't export that much to europe. our financial system looks very strong. i think u.s. consumer confidence at this stage is somewhat resilient to the stories. it is a bigger story for the europe than the united states. >> in the united states we have a different set of worries we are seeing warnings from big american companies about their future earnings. we ended the third quarter and already we heard from fedex, caterpillar, big global companies that are citing europe. caterpillar is citing china, as well. what are you expecting out of the earnings period that we will see in the next couple of weeks? >> there is a slow down in the global economy. off recession in europe and a slowdown in china which is more significant than the chinese gdp numbers suggest. that is rippling to countries like korea, taiwan and japan. that is affecting the global ec
NBC
Oct 4, 2012 6:00pm PDT
-neutral plans without raising taxes on the middle class, without increasing the deficit. now to president obama's claim that he'd only raise taxes on upper income people to where they were under president clinton. >> i have said that for incomes over $250,000 a year, that we should go back to the rates that we had when bill clinton was president, when we created 23 million new jobs. >> what president obama is leaving out there is that there are new taxes in the health care law, specifically that would target high-income earners. in fact, they would be paying a higher rate than they did under president clinton. >> reporter: finally, governor romney on the deficit under the obama administration -- >> the president said he'd cut the deficit in half. unfortunately, he doubled it. trillion-dollar deficits for the last four years. >> when romney accuses the president of doubling a deficit, he's stretching the truth a bit. obama inherited a $1.2 trillion deficit when he came into office. you in the president increased that to $1.4 trillion deficit, but the deficits have stayed just under that. t
NBC
Oct 4, 2012 4:30am PDT
cut the deficit in half. >> the way we do it is $2.50 for every cut we asked for $1 of additional revenue paid for, as i indicated earlier, by asking those of us who have done very well in this country to contribute a little bit more to reduce the deficit. >> the president insisted romney would spend $5 trillion on tax breaks favoring the wealthy. >> math, common sense and our history shows us that's not a recipe for job growth. >> everything he just said about my tax plan is inaccurate. >> reporter: they clashed on wall street, whether banks should be too big to fail and medicare. >> cutting $716 million to balance obama care is in my opinion a mistake. >> if you repeal obama care, and i have become fond of this term, obama care, if you repeal it, what happens is those seniors are going to be paying $600 more in prescription care. >> reporter: the fiercest exchange over health care and jobs. >> i just don't know how the president could have come into office facing 23 million out of work, rising unemployment, an economic crisis at the kitchen table and spent his energy and passion
NBC
Oct 8, 2012 4:30am PDT
time soon. >>> trade deficit, import prices and consumer sentiment, three things wall street will be watching all week long. >>> plus, why is best buy taking the geek squad out on the road? for that and the rest of your news before the bell, let's turn things over to courtney reagan live at cnbc world headquarters. >> reporter: good morning to you. futures are lower this morning as the markets come off a positive week with the dow and s&p 500 both rising more than 1%. the dow is just about 550 points away from its all-time high. there's no economic data today but we'll get reports later this week on the trade deficit, import prices and consumer sentiment. earnings season also kicks off tomorrow night with alcoa's results. the dow rose 34 points friday to 13, 610. the nasdaq slipped 13 points to 3136. >>> best buy is bringing the geek squad to the worldwide web. the electronics retailer has expanded the reach of its well-known tech support team from fixing up pcs, tablets and other electronic devices. they launched the 24/7 geek squad service on ebay and is testing it at a select n
NBC
Sep 30, 2012 3:00pm PDT
back from a 10-6 deficit. today, you guys come back. what does this mean to you? >> not just for me, but for the all of europe, for one that remain for my four vice captains and that band, i don't know which side. this one is for all of you. >> you told me this morning that you felt seve in the team room last night. you felt that he could propel you guys to a victory today. how was his presence felt this afternoon? >> well, seve will always be present with this team. he was a big factor for this event. for the europe side. and last night when we were having that meeting, i think the boys knew that believing was the most important thing and i think they did. >> you've won a couple of major championships. you told me earlier in the week, it was very difficult to watch
NBC
Oct 4, 2012 7:00am PDT
place a tax cut that adds to the deficit. >> for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big bold idea is never mind. >> let me repeat what i said. i'm not in favor of a $5 trillion tax cut, that's not my plan. >> reporter: another stark difference, medicare, one of the few times the president played aggressor. >> it's called premium support, but it's understood to be a voucher program. >> and you don't support that? >> i don't. and let me explain why. >> again, that's for future people, not current retirees. >> so if you're 54 or 55, you might want to listen because this, this will affect you. >> reporter: still, romney seemed to control many of the back and forths, even the lighter moments. >> i apologize, mr. president, i use that term with all respect. >> i like it. >> good. >> the difference in their debate demeanors was most evident during the closing statements. >> you know, four years ago we were going through a major crisis. and yet, my faith and confidence in the american future is undiminished. >> this is an
NBC
Oct 8, 2012 5:00am PDT
deficit, import prices and consumer sentiment. earnings season kicks off tomorrow with alcoa's results after the bell. the dow rose 34 points friday to 13,610. the nasdaq slipped 13 to 3136. that's where they'll open when the bell sounds today. >>> walmart and american express just made an announcement about a new financial services offer. basically the companies are teaming up to offer a new kind of checking and debit account. they're calling it blue bird. they're going to answer some questions from the media in just a couple minutes so we'll bring you more when we have it. walmart has basically said that many of its shoppers have little to no access to credit and they have tried to offer things like check cashes at low rates in order to help them. walmart also says 85% of its transactions are in fact made with cash. scott, back to you. >> when you think about it, all those transactions made with cash, that's the way you're supposed to buy things. it would be the better way to buy things. >> old school. that's how we used to do it, scott. thanks, man. >>> christina loren is here with
NBC
Oct 7, 2012 7:00am PDT
reasons that we have a federal deficit. i would assume republican or democrat you think you can't attack big bird and think you'll look good afterward. >> this is going to come down to a gaffe. if romney says let's go ahead and stop funding pbs, people will think, national geographic. history channel stuff. whatever. you pick on big bird, my goodness. that's almost unconstitutional. it's going to be the kind of thing you saw "saturday night live" do something on it last night. this is going to come up again. big bird protesters. it will come up and be a distraction. i think he probably regrets saying that. good news is another debate comes this week and then two more after that. >> they can say so few gaffes. can you imagine? everywhere all the time. >> hundreds of speeches maybe more in the course of the campaign. it's amazing. >> shocking it doesn't happen more often. thank you very much, larry. the presidential debate will be a hot topic on "meet the press." here's david gregory with more on that. >> romney delivers in the first debate but new improving jobs numbers show unempl
NBC
Oct 4, 2012 3:00am PDT
the deficits is, switch to opec busting job creating natural gases, lower taxes on dividends, educate the masses on money, clean the skies, rebuild our infrastructure and reappoint ben scotty bernanke to give liberty, justice and higher stock prices for all. that's a platform i could vote for, if only obama or romney would embrace it. lawrence in texas, lawrence? >> caller: jim, how are you doing? i have a question for you today regarding rpm. the earning report came out today. i'm trying to find out whether it should be long or short in the stock. >> short that, you have to short that plentiful dividend. i never recommend that idea. you don't want to do that, boss. i was going to recommend this and then i felt that the upside was very, very limited. good numbers. i should have done it. for heaven's say, i really did kick myself with this one. i thought if i recommended it, the stock would go up too much. ron in louisiana. ron? >> caller: jim. i've got to thank you. you're the best. i've been investing for 55 years and didn't make money until the last five. guess why? jim cramer. >> t
NBC
Oct 8, 2012 3:00am PDT
one loophole you'd close, you're not going to run up the deficit or taxes on the middle class. >> very quickly -- >> no, no. it goes back to bill clinton. >> there was a story out yesterday that that claim is fiction because you don't count the loophole closing. >> what loophole? >> he talked about mortgage interest. really quickly -- >> mortgage interest? >> he has never talked about mortgage interest. >> the hilarity that there is one -- >> we have one loophole. >> mike, finish, but then i want to get on to something else. >> the president says he wants to lower tax cuts to big corporations. how to pay for it? loopholes. what loopholes? nothing. we'll tell you after the election. you're attacking romney for the same thing. >> i want to talk about the gas prices. one thing that was striking, speaker gingrich, is what some were arguing about the actual numbers. jack welch made a lot of headlines with a tweet that said, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers without any substantiation. he was on "hardball" with ch
NBC
Oct 3, 2012 11:00pm PDT
loopholes that only affect high-income individuals to avoid either raising the deficit or burdening the middle class. it's math. it's arithmetic. >> reporter: on medicare and social security, one agreement -- >> neither the president nor i are proposing any changes for any current retirees or near retirees. >> reporter: in ten years, romney wants a private medicare option. >> aarp has said that your plan would weaken medicare substantially. >> reporter: romney fired back in a major debate moment that the president weakened the economy by his focus on health care. >> i just don't know how the president could have come into office facing 23 million people out of work, rising unemployment and spend his energy and passion for two years fighting for obama care instead of fighting for jobs for the american people. >> we did work on this alongside working on jobs because this is part of making sure that middle class families are secure in this country. >> reporter: a substantial debate. no zingers. now come the polls to determine if romney got the gains he needs with voters. from denver, i'm s
NBC
Oct 1, 2012 4:30am PDT
house deficit commission in 2010. back to you. >> okay, thank you very much. we'll check back a little later on. >>> first day of october going to feel like july. >> it's not going to feel good. it is not going to feel good at all. >> in the pool. >> yeah, in the pool if you can jump into the ocean, it's actually going to be refreshing today. you're getting some pretty warm temperatures out there in the pacific, if you have the luxury of not having to go to work. if you do have to go to work, you want to get right to the shady spot before the other guy does because it's going to be hot out there or just do what i do, bring your windshield visor. temperatures are looking good out there right now. crystal clear conditions to start. no marine layer, no fog to tell you about anywhere over the greater bay area. that's going to be the case today. that's the reason why we're starting out so warm. we're going to really be warm this afternoon. calm winds for now coming out of the northeast, which is an offshore flow. we let this thing run for you. this futurecast is searching for fog. we
NBC
Oct 7, 2012 8:30pm PDT
what makes these guys special. andrew luck was sensational today. bringing them back 18-point deficit. the leadership, the will to win, all of the things that his teammates really feed on. and i just thought he was sensational. the start of a really great career and i know the colts are just excited to have him there. robert griffin iii started out a little bit faster than luck. had that big game opening day and this is the thing that they are doing with him. they are getting him out of the pocket on design plays and he is going to have to do this more, bob. he is going to have to run out of bounds, know when the play is over and not try to make every play a touchdown. he got hurt today. and i think he is going to learn from that, but these two young men are going to be great quarterbacks in the league for a long time to come. >> well, the last thing you mentioned ties into the first thing. we will talk to mike florio about. here is mike from pro football talk who will take us through the day's injuries which includes the concussion suffered by robert griffin iii. >> tony mentioned th
NBC
Oct 1, 2012 4:00am PDT
10-6 deficit to match the greatest comeback in ryder cup history. the europeans started out fast and held the u.s. to just 3 1/2 points all day. square mr. jim garcia, jim furyk misses a putt and garcia wins one up, marking a point at which europe came all the way back to take a 13-12 lead. 18th hole, martin kaymer wins the putt to give europe the point they needed to win the ryder cup. >>> packers leading by seven, the saints drew brees connects with a 20-yard strike to marques colston, tying the nfl's all-time mark set by the great johnny unitas. behind in the fourth, the saints had a shot to take the lead, but missed a 48-yard field goal with two and a half minutes to play. green bay won it 28-27. new orleans is 0-4. >>> some trickery in the nfl yesterday. a fake field goal turned into a two-yard touchdown pass to danny amendola, putting the rams ahead of the seahawks late in the first quarter. they would go on to win 19-13. in cincinnati, trailing 7-3 on fourth down, the bengals used a direct snap to running back cedric peerman on a fake punt for a 48-yard gain. they would score
NBC
Oct 4, 2012 5:30pm PDT
is using fuzzy math. especially his claim of $4 trillion of deficit reduction. romney made a point he'd cut the budget for pbs, even to the and moderator, jim lehrer from pbs. >> i like pbs, big bird, you, too, but i'm not going to keep on spending money. >> i want to make sure i got this straight. he'll get rid of regulations on wall street, but he's going to crack down on sesame street. >> the debate was civil. but today a key romney surrogate said this. >> what people saw last night was a president that revealed his incompetencies, how lazy and detached he is. >> did you really mean to call barack obama lazy? >> he didn't want to prepare for this debate. he's lazy and disengaged. >> now, the pressure is on paul ryan and joe biden in a debate next week. >> i don't want to say anything in the debate that's not completely accurate. >> and the stakes are a lot higher for the president to come up with a different game plan for his next debate with mitt romney two weeks from now. brian? >> andrea mitchell remains in denver tonight. thanks. and, of course, thanks to social media, getti
NBC
Oct 1, 2012 12:00am PDT
deficit. and frankly senator mccain voted for 4-5 of president bush's budgets. >> senator obama, i am not president bush. if you wanted to run against president bush you should have run four years ago. chris: there's an example of a well-prepared -- we knew, i'm sure senator mccain knew that was coming. you notice how he did that automatically? this time around it's more dangerous, isn't it? for president obama to blame a guy four years ago. >> yeah, because people are going to say, what did you do lately? you've had four years to fix the economy and look at the economic malaise we're still in. look at the jobs reports. last month, adding 96,000 jobs. not even enough to keep pace with population growth. chris: we put the first debate to the matthews meter. 12 of our regulars, including john, kelly and howard is mitt romney more likely to break through wednesday night on style points or on substantive arguments? nine say substance. three say style. you voted with the majority. howard, -- >> well, he's got to do it. again, deftly with humor. but he's got to brace the president. he's got
NBC
Oct 6, 2012 5:00am PDT
. >> when he was asked how he would actually cut spending and reduce the deficit, he said he'd go after funding for public television. elmo, you better make a run for it. >> reporter: on the stump in virginia, romney says the jobless numbers don't tell the whole story. too many workers, he says, have simply stopped looking. >> when i'm president of the united states, that unemployment rate is going to come down, not because people are giving up and dropping out of the work force, but because we're creating more jobs. >> reporter: with the unexpected drop, some saw a conspiracy. former general electric chairman jack welch seemed to accuse the obama campaign of cooking the books, tweeting unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numberns. later on "hardball", welch admitted he has no evidence to back that up, but he remained defiant. >> i don't want to take back one word in that tweet. it seems coincidental that one month before the election they would end up at 7.8. >> reporter: the charge was met with outrage from many, including the presid
NBC
Oct 1, 2012 2:00am PDT
the numbers. >> we would be in a deficit situation by -- yeah. probably $1500 to $1800. in the short-term we need to create income. >> jon thinks that now it is diane who has to step up and find a job. any job. their marriage therapist agrees. >> i think that's an underlying issue for you, diane. i think there's a reluctance on your part to do something that is beneath you. you're highly educated. you have a lot of experience. and i think there is a bit of inner snob in you. >> if you were to get a full-time job tomorrow that only paid what i'm earning at the running company, you know what? we would pay our bills. >> we would? >> we would pay our bills. >> for diane, jon's sudden assertiveness appears to be a wake up call. >> i was hoping that things would come together sooner. but they haven't. so here we sit. and, you know k, i have so growp and make some hard choices. >> hopefully it's very temporary. >> jon has taken on an additional part-time job with an office cleaning company. diane agrees to share the workload. her first shift is scheduled for the same evening as one of
NBC
Oct 5, 2012 7:00am PDT
responsible for all the deficits. elmo has to watch out! >> reporter: a past presidential nominee, al gore, who had his own debate struggles offered this unusual explanation for mr. obama's uninspired performance, blaming high altitude in denver. >> obama arrived in denver just a few hours before the debate started. romney did his debate prep in denver. when you go to 5,000 feet. >> exactly. >> and you only have a few hours to adjust, i don't know. >> reporter: after hearing those comments and being asked about them, mitt romney laughed al gore's answer off. after virginia, savannah, the president heads to ohio, and mitt romney to florida where he campaigns this weekend. the president ending up in california for a fund-raiser, including a concert with john bon jovi, katy perry, and stevie wonder. >> thanks. chuck todd, nbc's political director and correspondent. good morning to you. >> good morning. >> a jobs report on one hand, the jobs added a lackluster figure, but unemployment dipped. in terms of the headline, does it benefit president obama? >> it benefits him in the tone of coverage
NBC
Oct 3, 2012 7:00am PDT
romney in virginia where he's closed the gap to two points compared to a four-point deficit last month. and also a close race in florida where the president leads romney by just a single point, also down from a four-point lead last month. but romney's made no progress in ohio where mr. obama maintains a significant edge, virtually unchanged since september. nationally the new nbc/"wall street journal" poll also shows the president in a strong position though the race tightened. he sits at 49% in both his ballot test and job approval rating. mitt romney coalesced republicans and to close the gap on likely voters because of republican enthusiasm, 49/46. david? >> former pennsylvania senator rick santorum is a former republican presidential candidate and author of the new book "american patriots: answering the call to freedom." senator, good to see you. >> thank you, david. >> talk about the book in a minute. let's talk about the debate. i spoke with governor chris christie on "meet the press" and he said come thursday morning, the narrative will be completely different after the first de
Search Results 0 to 28 of about 29 (some duplicates have been removed)